Tax Law News. Crime Stories, Law on News and Legal Publications in November, 2011

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Proposal would eliminate Dallas antitrust enforcement office, send work elsewhere
Dallas Morning News (subscription)November 1, 2011

Unlike federal prosecutors who work for the US attorney's office, antitrust prosecutors investigate their own cases, rather than relying solely on law enforcement such as the FBI.Some local cases: In 1999, a Dallas investigation into international ...more »

The Media's Cain Mutiny
Huffington Post (blog)November 1, 2011

What I do know is that settlements of law suits including those alleging sexual harassment are not evidence of anything. Law suits are settled everyday because of the embarrassment a trial may bring and the expense of defending. ...more »

Tax Law News and Stories

Audit Defence
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PAL center funds up for vote
The News JournalNovember 5, 2011

Wasserbach said he was asked by a member of Clark's administration to not release the audit until the negotiations between the county and PAL were complete, but wouldn't identify the official. Gregg Wilson, the county attorney and acting chief ...more »

Irs Filing & Compliance
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IRS Offers Practitioner Training to Avoid EITC Penalty
Accounting TodayNovember 7, 2011

It applies to tax returns filed after Dec. 31, 2011. To help tax preparers comply with the requirements and avoid the stiffer penalties, the IRS's online EITC Due Diligence training module contains interactive scenarios walking preparers through ...more »

Business Audit Defence
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Senate votes to audit BP claims fund
Pensacola News JournalNovember 2, 2011

"You can't win on this independent audit," he told lawmakers last week. Rubio voted against the overall spending bill Tuesday because he wants to see more cuts to the $182 billion measure that funds agriculture, transportation, housing, law enforcement ...more »

Personal Irs Disputes
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Cleveland lawyer Leslie 'Les' Jacobs pleads guilty to federal tax charge
Plain Dealer (blog)November 2, 2011

Jacobs is a Harvard Law School graduate and the former president of the Ohio State Bar Association. He was recently named the 2012 Cleveland Litigation-Antitrust Lawyer of the Year by the Best Lawyers in America publication. He previously served as one ...more »

Property Taxes
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Officials Table Budget Approval; Await Governor's Signature on Bill Addressing ...
Patch.comNovember 8, 2011

“The individual taxpayer won't see the impact of this error on their property tax bill,” Stephanie Walker said. Under Shorewood's proposed budget, property taxes would increase by $178188, or 1.75 percent, from last year — the smallest increase in a ...more »

Corporate Income Taxes
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Rooney jobs plan: Tax less, drill more
Juice (blog)November 1, 2011

Uncertainties and inequitable burdens in the tax code have long stymied job growth. The Rooney plan lays out a simple framework that creates a more hospitable environment for the private sector to create jobs: Reduce the corporate income tax rate by 10 ...more »

Sales Tax & Use Tax
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Voters reject taxes for Barry County
KSPRNovember 9, 2011

Voters in Fulton County, Ark., approved using a portion of an existing sales tax to pay off a construction bond to build a new jail. Voters in Boone County, Ark., soundly rejected a new 1 percent sales and use tax, 3382 "no" votes to 571 "yes" votes. ...more »

Estate Taxes & Gift Taxes
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Perry's tax plan loses near $1 trillion: report
ReutersNovember 1, 2011

The Texas governor has seen his popularity fall while Cain has moved ahead with his so-called 9-9-9 plan for radically altering current taxation methods. Perry's optional flat tax plan would cost about $570 billion in foregone federal revenues if ...more »

Tax Evasion Defence
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China's Ai Weiwei appeals for lesser-known detainees
ReutersNovember 16, 2011

By Sui-Lee Wee BEIJING (Reuters) - Artist-activist Ai Weiwei said on Wednesday his 81-day detention and clash with authorities over alleged tax evasion was emblematic of countless other lesser-known cases of detainees held in jails and labor camps in ...more »

International Taxation
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China's Legal Performance Art
Wall Street JournalNovember 2, 2011

He was held 81 days without his family being informed of his location, in contravention of Criminal Procedure Law. His supporters have been threatened by police. This time, the hearings on supposed tax evasion were held behind closed doors, ...more »

Tax Planning
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Make your insurance portfolio Direct Tax Code ready
Economic TimesNovember 1, 2011

In fact, this is the right time to do the exercise, as you will be giving finishing touches to your tax planning investments. You can also expect calls from insurance agents, who would try to sell you policies that offer the triple benefits of ...more »


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